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{
    "id": 176695,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/176695/?format=api",
    "text_counter": 143,
    "type": "speech",
    "speaker_name": "Mrs. Kilimo",
    "speaker_title": "",
    "speaker": {
        "id": 173,
        "legal_name": "Linah Jebii Kilimo",
        "slug": "linah-kilimo"
    },
    "content": "Madam Temporary Deputy Speaker, the Cooperative Societies Act which is there now, which mandates the Ministry to take an employer to court, was not there in 1999. However, I would like my colleague, maybe, to take a pen and write down how the KCC came December 03, 2008 PARLIAMENTARY DEBATES 3795 about. In 1999, the KCC Limited was placed under a receiver. The Official Receiver, Mr. Graham Shirlock of PriceWaterhouse Coopers took it over on 5th August, 1999. In the year 2000, KCC (2000) Limited was formed and bought KCC Limited from the receiver, or the receiver sold KCC Limited which we all knew. It was named KCC (2000) Limited and KCC Holdings Limited. Now, when there was a new political dispensation in this country in 2003, the NARC Government then decided to buy KCC 2000 and KCC Holdings Limited as a buy-back and paid Kshs547 million, in fact, more than what the official receiver sold it to New KCC. The KCC Limited was bought by KCC 2000 Limited for Kshs400 million. The New KCC, which is 100 per cent Government, bought it at Kshs547 million. It was at that point that, now, the Official Receiver and the KCC 2000, should have paid off the employees who were there."
}